Maine Technology Institute
Greg Lee has a diverse work experience in finance and accounting. Greg started their career as an Accounting Assistant at Olympia Sports in 2000 and later worked as an Accountant at Purdy Powers. Greg then worked as a Staff Accountant at Brooks & Brooks before joining Berry Talbot Royer as a CPA. In 2009, they became the CFO of MedTech Media and also served as the Treasurer for the Maine Society of CPAs. In 2013, they became the Director of Finance at PenBay Solutions and later took on the role of Director of Finance and Administration at Maine Technology Institute. Greg currently holds the position of Treasurer at Royal River Community Players.
Greg Lee attended Edward Little High School from 1981 to 1984. Greg then pursued higher education at the University of Southern Maine - School of Business from 1995 to 2001, where they obtained a Bachelor of Science degree in Accounting.
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Maine Technology Institute
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The Maine Technology Institute (MTI) is an industry-led, publicly-funded, nonprofit corporation that offers early-stage capital and commercialization assistance in the form of competitive grants, loans and equity investment for the research, development and application of technologies that create new products, processes and services, generating high-quality jobs across Maine. The Maine Technology Institute was established by the Maine State Legislature in 1999. MTI, working with partners across the state, “shall encourage, promote, stimulate and support research and development activity leading to the commercialization of new products and services in the State's technology-intensive industrial sectors to enhance the competitive position of those sectors and increase the likelihood that one or more of the sectors will support clusters of industrial activity and to create new jobs for Maine people.” MTI is one element of the State's economic development strategy to contribute to the long-term development of a statewide research, development and product deployment infrastructure. See full statute. Every $1 of MTI funds received generates an additional $14 in non-MTI funding. MTI funded companies say that MTI funding has been critical to their commercial success. Since 2000, MTI has funded 1,295 technology projects in Maine, a financial commitment of $106 million that has leveraged over $173 million in additional funding for a total of $280 million.